Call reports 2024
BLUEHARBOR BANK — 2024
What BLUEHARBOR BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 453,520,000 | 463,314,000 | 486,033,000 | 507,232,000 |
| Total loans | 371,601,000 | 391,336,000 | 404,455,000 | 432,757,000 |
| Allowance for loan losses | 3,542,000 | 3,787,000 | 3,880,000 | 4,132,000 |
| Securities available for sale | 36,152,000 | 29,842,000 | 30,230,000 | 27,259,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,464,000 | 404,429,000 | 424,359,000 | 440,733,000 |
| Interest-bearing deposits | 285,667,000 | 292,420,000 | 301,000,000 | 314,915,000 |
| Noninterest-bearing deposits | 110,797,000 | 112,009,000 | 123,359,000 | 125,818,000 |
| Equity capital | 50,734,000 | 51,878,000 | 54,308,000 | 55,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,666,000 | 11,915,000 | 18,667,000 | 25,570,000 |
| Interest expense | 1,901,000 | 3,943,000 | 6,073,000 | 8,232,000 |
| Net interest income | 3,765,000 | 7,972,000 | 12,594,000 | 17,338,000 |
| Noninterest income | 320,000 | 684,000 | 1,154,000 | 1,567,000 |
| Noninterest expense | 2,239,000 | 4,666,000 | 7,152,000 | 9,556,000 |
| Provision for loan losses | 120,000 | 353,000 | 445,000 | 712,000 |
| Pretax income | 1,740,000 | 3,574,000 | 6,032,000 | 8,630,000 |
| Income tax | 403,000 | 808,000 | 1,358,000 | 1,843,000 |
| Net income | 1,337,000 | 2,766,000 | 4,674,000 | 6,787,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,610,000 | 55,692,000 | 57,536,000 | 58,969,000 |
| Total capital | 58,546,000 | 59,950,000 | 61,943,000 | 63,517,000 |
| Risk-weighted assets | 383,813,000 | 402,464,000 | 424,300,000 | 449,214,000 |